La Quinta Holdings (LQ) Misses Q1 EPS by 4c

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Go back to La Quinta Holdings (LQ) Misses Q1 EPS by 4c

La Quinta Holdings Inc. Reports First Quarter 2018 Results

May 8, 2018 4:15 PM EDT

First Quarter RevPAR Increased 4.3 percent; First Quarter Franchise and other Fee-based Revenue Grew 8.0 percent

IRVING, Texas, May 08, 2018 (GLOBE NEWSWIRE) -- La Quinta Holdings Inc. (La Quinta or the Company) (NYSE: LQ) today reported its results for the first quarter ended March 31, 2018.

First Quarter 2018 Highlights

Grew system-wide comparable RevPAR 4.3 percent; excluding the owned hotels significantly impacted by Hurricanes Irma and Harvey and the owned hotels undergoing significant renovation, system-wide RevPAR grew 5.9 percent

Franchise comparable RevPAR increased 7.8... More